On Friday, the New Jersey authorities filed a lawsuit against the German carmaker, Volkswagen AG and its luxury units for excess diesel emissions connected to its models. The count now goes up to four U.S. states to have taken legal action against the car maker.

An analysis by Deloitte Access Economics, says that Uber, the ride hailing services company generates yearly benefits of greater than $80 million to Australian consumers.

Uber operates through its app which connects drivers to users and processes fare payments. It also identifies the ratings that the drivers get from their consumers after a journey.

Sources say that Johnson Controls Inc., a manufacturer of car batteries and heating and ventilation equipment is planning to acquire Tyco International Plc, a electronic security system and fire protection company.

In 2014, when Mark Rosekind was sworn in as the aadministrator of the National Highway Traffic Safety Administration he promised to penalize the automakers for violating federal safety rules.

Since then, he has several automakers have paid record fines and has accepted increased levels of government supervision.

Ford Motor Co. said that the company has earned a record pretax profit in 2015. The amount is close to $10.5 billion. The car manufacturer says that, the 2016 results would either match or beat this year's results.

Lyft, Uber's smaller rival just got a helping hand that could make its competition with the San Francisco, California company easier. The help come in form of $500 million investment from General Motors

Reportedly, it is part of a $1 billion fundraising round which valued the car-hailing startup at $5.5 billion in comparison; Uber was recently valued at greater than $60 billion.